Christian Dumolin: Belgian visionary at the head of a €720 million fortune
Christian Dumolin
Christian Dumolin, a native of Kortrijk, Belgium, has established a distinguished career as an entrepreneur and businessman from humble beginnings in the sector. automotive. Taking over the reins of the family business Koramic specialized in the production of tileshe expanded the company to include the manufacture of Terca bricks, before joining forces with Austrian giant Wienerbergera move that turned him into an influential shareholder in the group specializing in materials. construction which gives us a assets estimated at over €723,000,000.
In the financial context, the Koramic family holding was raised to an impressive level, representing industrial activities in a multitude of sectors with over 4,100 employees and combined sales of over 600 million euros. The focus is on providing financial support for the growth of medium-sized companies. Dumolin's pragmatic investments in private equity mainly via specialized funds, while the Group's real estate is managed with rigorous professionalism. Despite setbacks in stock market investments, diversification remains a key strategy for wealth management.
The financial crisis of 2008 did not spare Koramicwhich suffered significant losses following investments in structured products. However, a favorable judgment obtained from the Belgian courts against KBC Bank enabled Koramic to recover part of the sums invested in damages.
Dumolin's career continues with the purchase of the IPG callcenter in 2010which marks the creation of a new branch within Koramic Investment Group. This entity encompasses three main subdivisions: real estate, the investment fund Trust Capital Partners and Koramic Industries. However, the callcenter sector experienced difficulties, including the risk of bankruptcy following the loss of a major customer. The situation stabilized when Dumolin became involved in tracing activities linked to the Covid-19 health crisis.
An art enthusiast, Dumolin's extensive collection is worth remains confidential as none of his works have been sold. His appreciation of art as an aesthetic choice is independent of market value, although he recognizes the satisfaction associated with the financial appreciation of works of art.
Christian Dumolin's entrepreneurial vision and contribution to the building materials, financial investment and real estate sectors, as well as his patronage of the arts, make him a leading figure in the ecosystem. Belgian and European economy and Dumolin has a fortune of over 720 million euros.
